5841 Rivers Ave North Charleston, SC 29406
- Office buildings
- 4.74 lot acres
Current Use by Public Records
- Office buildings
Property Details for 5841 Rivers Ave
- Lot size
- 4.74 lot acres
- Property type
- Office buildings
- APN
- 472-04-00-192
- APU
- 4720400192
Description
This exceptional sublease opportunity presents 2,400 square feet of meticulously designed creative office space within the 10 Mile on Rivers complex. Suite 102 boasts a thoughtfully configured layout, including a dedicated reception area, a separate breakroom, and expansive open work areas. Originally built as a video production facility, the space retains unique features such as a green screen studio, ideal for media-related businesses or those seeking a distinctive workspace. The sublessor is flexible and open to various lease terms and minor space modifications to accommodate specific tenant needs. The suite showcases modern finishes including polished concrete floors and energy-efficient LED lighting, complemented by the building's new mechanical systems. Tenants benefit from access to shared amenities within the 10 Mile on Rivers complex, such as multiple impromptu meeting areas, touchdown spaces, and a well-appointed tenant conference center. Ample parking is available, enhancing convenience for employees and visitors. The entire complex offers a desirable campus-like environment, fostering a collaborative and productive atmosphere. The total building size is 22,222 square feet, and the property is designated as a multi-tenant office building. This sublease is perfect for a company seeking a unique and well-equipped space in a vibrant setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,710,000
- 6.5%
- $1,720,000
- 7%
- $1,450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,615,000
- Geo Method
- $1,445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,920,000
- Retail
- $1,395,000
- Mixed-Use
- $1,510,000
- Hospitality
- $1,400,000
- Educational
- $1,550,000
- Residential Income
- $1,655,000
- Energy
- $1,475,000
- Income-Based Land
- $1,755,000
- Food Service
- $1,900,000
Location Insight
- Map
- Local Demand
- City
- North Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -80.0195
- Latitude
- 32.9005
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA